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MOTORING

Toyota pilots EV pickups in Pattaya

Reuters, Published on 25/04/2024

» PATTAYA - Toyota has launched a public transport pilot project in this beach resort city with nine fully electric Hilux Revo pickup trucks.

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GENERAL

Banks to cut rates by 25 bps for 'vulnerable groups'

Reuters, Published on 25/04/2024

» Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai Bankers Association (TBA) said on Thursday, responding to a government request to help small businesses.

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WORLD

Overcrowded Venice introduces first entry charge for tourists

Reuters, Published on 25/04/2024

» VENICE - Venice becomes the first city in the world on Thursday to introduce a payment system for tourists in an effort to thin the crowds that throng the canals during the peak holiday season.

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WORLD

TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere'

Reuters, Published on 25/04/2024

» WASHINGTON: TikTok's chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban its popular short video app used by 170 million Americans.

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GENERAL

Car production down 23.1% y/y in March

Reuters, Published on 25/04/2024

» Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said on Thursday.

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GENERAL

Central bank intervenes to steady baht

Reuters, Published on 24/04/2024

» The Bank of Thailand (BoT) says it has intervened in currency markets at times to ease any excessive moves in the baht, adding that the current policy rate is robust and conducive to economic recovery.

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WORLD

China objects to US arms sales to Taiwan

Reuters, Published on 24/04/2024

» TAIPEI/BEIJING - Taiwan President Tsai Ing-wen said on Wednesday she was happy the United States Congress had passed a sweeping foreign aid package which includes arms support for the island, as China urged Washington to stop selling weapons to Taipei.

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GENERAL

Keeping rate steady creates policy optionality - central bank

Reuters, Published on 24/04/2024

» Thailand's current policy interest rate settings were robust and can handle future risks to the economy, the central bank said on Wednesday, amid continued pressure from the government to lower borrowing costs and help jumpstart sluggish growth.

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WORLD

Ten killed when two Malaysian navy helicopters collide

Reuters, Published on 23/04/2024

» KUALA LUMPUR - Ten people were killed on Tuesday when two helicopters collided in mid-air during a rehearsal for a Royal Malaysian Navy parade, the navy said in a statement.

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GENERAL

Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.